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THE government has approved P78 million in emergency funding for the Department of Agriculture’s (DA) African Swine Fever (ASF) containment efforts.
THE Puerto Princesa city government and the United States Agency for International Development (USAID) are organizing an investment forum in Manila on Sept. 25 to promote business opportunities in the Palawan capital.
THE Senate Finance Committee approved Wednesday the P8.426-billion budget of the Department of Agrarian Reform (DAR) for 2020, with the department also seeking additional funding to help achieve its 2022 goal of land acquisition and distribution.
THE Bureau of Fisheries and Aquatic Resources (BFAR) said the fisheries industry’s performance in the third quarter will be “fair to good,” with the aquaculture sector expected to take up any slack should ocean fisheries show any weakness.
THE nickel industry’s ability to supply high-grade products will be key to exploiting the market opportunity resulting from Indonesia’s nickel ore export ban, the mining regulator said.
THE rush to reclaim land represents a failure to nurture vibrant communities in older and often historic parts of the Manila Bay area, heritage and conservation advocates said.
THE government has not yet identified the farmers who dumped dead pigs found in a major Metro Manila river but warned hog raisers that disposing of dead animals in waterways is illegal and facilitates the spread of diseases like African Swine Fever (ASF).
PHILEX Mining Corp. hopes to finalize its list of possible investors for its Silangan mine by December, from whom it will source 40% of its initial investment for the site.
FARMERS said the government’s plan to release imported palay into the market threatens to weaken prices further for palay, or unmilled rice, the form in which they sell their produce to traders.
ALL CERTIFIED Equipment Trading Corp. (ACETC), a supplier of farming equipment, said it is targeting more rice-producing provinces to grow the market for its rice combine harvester.
THE “worst-case scenario” for the Philippines’ African Swine Fever (ASF) outbreak is one as serious as Vietnam’s, which has crippled that country’s livestock industry, analysts said.
THE Agricultural Credit Policy Council (ACPC) has approved an additional P1 billion for the Survival and Recovery Assistance Program (SURE Aid), expanding its assistance to 70,000 farmers affected by the plunging price of palay, or unmilled rice.
THE national rice inventory was estimated at 2.133 million metric tons (MMT) as of Aug. 1, up 40.3% from a year earlier, but down 18.7% month-on-month, the Philippine Statistics Authority (PSA) said.
PHILIPPINE sugar production fell by 0.47% at the end of the crop year in August as demand fell, according to the Sugar Regulatory Administration (SRA).
A FARMERS’ association pressed the government to regulate rice imports more closely to allow domestic farmers and traders to dispose of their inventory particularly during the current harvest, and called for an increase in the National Food Autority’s buffer stock minimum to support the market.
LOCAL SHARES gained for the third straight day, joining Wall Street and major Asian markets in cheering easing US-China trade tensions, even as Friday’s finish was lower than a week ago.
RAW SUGAR production for crop year 2019-2020 is projected at 2.096 million metric tons (MMT), or 5% lower than the estimated production for 2018-2019.
PHILIPPINE production of nickel is expected to continue “modest growth” in the next few years as a negative policy environment and falling ore grade offsets the effect of mines restarting after a 2017 crackdown on environment law violations, Fitch Solutions Macro Research said in a Sept. 3 industry trend analysis e-mailed to journalists on Wednesday.
SKY CABLE Corp., the cable television and broadband unit of ABS-CBN Corp., is targeting up to 30% growth in broadband subscribers in the next 12 months with the launch of new “fiber-fast” home internet subscription plans.
LOCAL government purchases of rice directly from farmers are running into problems because of the constraints posed by government procurement rules, Senator Cynthia A. Villar said.
STORAGE IS expected to be a bottleneck for the rice industry during the harvest this month due to significant volumes of stock accumulated from the previous harvest, which traders can only sell at a loss because prices have dropped as a result of stiff competition from cheap imports, industry officials said.
AGRICULTURE Secretary William D. Dar said that six provinces have committed to buy rice from farmers during the harvest this month, including three provinces in rice country.
FLOUR MILLERS are seeking for a five-year extension of the anti-dumping duty on Turkish flour due to expire in 2020.
THE PHILIPPINE Rice Research Institute (PhilRice) is targeting the distribution of rice seeds starting October in preparation for the dry season next year.
THE Department of Agriculture (DA) and Land Bank of the Philippines (LANDBANK) signed a memorandum of agreement to extend credit to rice farmers under the Expanded Survival and Recovery Assistance program, which is known as SURE Aid.
THE Department of Agriculture (DA) said it is considering providing low-interest financing for rice inventory purchases by entities seeking to source palay, or unmilled rice, directly from farmers.
THE poultry industry said it expects sagging prices to be supported by any shift away from pork consumption if a still-unconfirmed disease detected in pig farms spreads beyond its current containment area.
THE Philippine Coconut Authority said it is seeking suitable public land for the expanded planting of coconut trees.